Good day to all
I’m coming here with some information not many people are aware of.
This won’t be too long of a post just want to quickly show you how previous coins performed upon their release on #Binance
I have a few more examples such as Arkham, TNSR , and Ethfi, aevo too
My point is a lot of coins upon release sky rocket in price therefore it’s a quick way to make money short term
It’s not guaranteed and this is not financial advise merely my opinion on coin releases on Binance
I personally rode the ETHFI wave and made a decent profit
Some coins 2x some go as high as 5x - 10x
So it’s not guaranteed and investing in a crypto on release is a double edged sword it could plummet or it could soar to the coins ATH
Usually people let it go up for a few minutes just so they can capitalise on the highs
Which is normal we all want to capitalise on this if we’re smart about it
Don’t expect it to 50x
But don’t expect it to plummet straight away either
I plan on investing a good amount into the release of Rez at 12:00 pm UTC or 2:00 pm SAST
I expect it to at least 3x given all the investing behind it-
It has a high token supply yet they’re only releasing a smaller supply short term to increase sales
So I’m just coming here to give everyone a heads up💲
It could go either way yet compared to the past (previous token launches below) + ones mentioned
Especially a coin like Omni as the Omni network will be accessible through Rez coins Defi - Rez plans to stand out in the crowded market of Defi apps
So in my opinion it could steer strong since it has a strong goal and plan to come with its release - the execution according to its Whitepaper will be quite coordinated and the structured release process definitely adds value to the coin short term - and therefore long term
So it could either be bought low and soar to extremely high prices for a release say 20x or it could go to 4X - It’s not easy to predict yet I believe this coin has a strong future ahead of it.
DYOR
All the best. Until next time.
Take care and stay aware!